document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=831097>Question 831097</A>: <I><SPAN STYLE=\"word-break: break-all;\"> respected sir<BR>\n" );
document.write( "Q) a man sold two chairs for rs 500 each. on one he gained 20% and on the other ho loses 12%. find his net gain or loss percent? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #501140 by </B><A HREF=/tutors/aboutme.mpl?userid=JulietG><B>JulietG(1812)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=JulietG><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=JulietG><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=501140\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> For the first chair:<BR>\n" );
document.write( "500 = 120% of ? (100% + 20% profit)<BR>\n" );
document.write( "Divide each side by 1.20<BR>\n" );
document.write( "The chair initially cost 416.67<BR>\n" );
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document.write( "For the second chair:<BR>\n" );
document.write( "500 = 88% of ? (100% - 12% loss)<BR>\n" );
document.write( "Divide each side by 0.88<BR>\n" );
document.write( "The chair initially cost 568.18<BR>\n" );
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document.write( "How much did he pay altogether for the chairs?<BR>\n" );
document.write( "416.68 + 568.18 = 984.86<BR>\n" );
document.write( "He sold them for 1000<BR>\n" );
document.write( "His net profit then is 1000 - 984.86, or 15.14<BR>\n" );
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document.write( "What % of 984.86 is 15.14?<BR>\n" );
document.write( "Divide by 984.86 to get 1.54% profit<BR>\n" );
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document.write( "At least he's in the black :-)\r<BR>\n" );
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document.write( " </SPAN>\n" );
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